Best available basis on which to make decisions isn’t what modelers can tell us about coronavirus, but experiential evidence coming out of China, South Korea, Italy, Spain.
China has launched a consumption campaign. Authorities are distributing vouchers, asking companies to give paid time off & offering subsidies on larger purchases.
People without documented symptoms were about half as contagious as those with them & yet they constituted majority who got & spread Covid-19, study shows.
When increase in fiscal deficit or debt should be last worry, pumping more funds to people may be the better way. Putting finance on ice will only store up trouble.
Rajeev Thakkar of PPFAS Mutual Fund says this slump won’t be as bad for markets as global financial crisis & will be eased by massive support measures.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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